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Comments on news posted 2008-01-15 08:54:57: New Sprint CEO Dan Hesse will be instituting another round of layoffs "to show investors a new commitment to efficiency and cost discipline," according to the Wall Street Journal. ..

page: 1 · 2 · 3
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wruckman
Ruckman.net

join:2007-10-25
Northwood, OH
Slowing down

This is a sign that business is really slowing down for Sprint.


NY Tel
Premium
join:2004-04-09
Smithtown, NY
·VOIPo

said by wruckman See Profile :

This is a sign that business is really slowing down for Sprint.
You know I never understand why Verizon Wireless does not buy them?. CDMA carrier (mostly) and this would double their size and Blow AT&T out of the water in terms of # of active subscribers.


lettcco

join:2003-12-04
Valencia, CA
I sure hope it's the other way around, cause verizon=communist


GlobalMind
Domino Dude, POWER Systems Guy
Premium
join:2001-10-29
Hollywood, FL
And bets are...

Dan Hesse will get his nice fat bonus at the end of the year too.

Eliminate the real workers who get things done and still pay the suits a huge bonus regardless of their performance. Excellent.


esc0

@swbell.net
Funny Funny

Why we never hear the CEOs taking a pay cut? Always the small fishes that takes the blow for the greedy guys up top. The again Sprint would never be in a situation like this one if they were treating their customers right.


pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD
·Comcast

reply to NY Tel
Re: Slowing down

said by NY Tel See Profile :

You know I never understand why Verizon Wireless does not buy them?.
Probably because there is too much overlap between Verizon Wireless and Sprint's coverage areas. A much better acquisition for Verizon Wireless or Sprint would be ALLTEL.
--
Only SHATNER is Kirk.


lettcco

join:2003-12-04
Valencia, CA
all they have to do...

is open up the SERO plan for all! who can resist unlimited internet for $30?


Raptor
Not a Dumptruck

join:2001-10-21
London, ON
·Rogers Hi-Speed
·Bell Sympatico

reply to NY Tel
Re: Slowing down

Perhaps time is all it will take, let them bleed a little bit more before moving in for the kill. 5000 last year, more to follow now?

And then there's getting the Federal nod, not that that is ever a real hurdle.
--
....where's my fiber?


cmon now

@rcn.com

reply to GlobalMind
Re: And bets are...

You ever been a CEO? You run the organization where you have to make 60K employees happy and than millions of investors happy too. In the organization that has 60K employees, 5K is the easily "fat" that can be trimmed. Last time I checked this is not China or Russia, communism is not the regime.
Your 401K or individually you are investing in Sprint for your retirement. You want more money at the time you retire, you in a way are pressuring the companies you invested in to perform. In order for them to perform, they have to trim the fat and get more efficient. Start cutting out middle management and some of those mediocre employees and in a company of 60K you will find 20K than must be fired.


NY Tel
Premium
join:2004-04-09
Smithtown, NY
·VOIPo

reply to pnh102
Re: Slowing down

Wasn't Alltel recently sold? And as far as the overlap is concerned - that would be 50 million additional subscribers who would be able to take advantage of the Verizon network, allow them to shut down duplicate towers and become the largest carrier overnight.

DoRight

join:2007-07-20
Mechanicsburg, PA
·Comcast
·Sprint Mobile Broa..
·Verizon FIOS

reply to pnh102
Yeah.. Sprint should have bought Alltel or US Cellular... I can only thank Sprint for one thing.. Them laying me off last year.. If they hadn't I would still be there and not have this awesome job managing Verizon FIOS locations...

DoRight

join:2007-07-20
Mechanicsburg, PA
reply to lettcco
Re: all they have to do...

I thought it was $49??

s13

join:2007-12-06
USA
reply to lettcco
Re: Slowing down

I went with Sprint specifically to get away from Verizon and their nickel-and-diming bullshat. The day they buy Sprint is the day I become a T-Mobile customer.


pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD
·Comcast

reply to NY Tel
said by NY Tel See Profile :

And as far as the overlap is concerned - that would be 50 million additional subscribers who would be able to take advantage of the Verizon network, allow them to shut down duplicate towers and become the largest carrier overnight.
I don't think Verizon would want to touch the mess that is Sprint. I don't have Verizon Wireless as my personal cell provider but it seems they are doing pretty well without Sprint as it stands now. If they were to acquire Sprint, it would be a huge financial risk for a company that is doing very well. There would be all sorts of problems, and if Verizon is smart, they would want to avoid such hassles.
--
Only SHATNER is Kirk.


CurGeorge8

join:2005-05-02
Pittsburgh, PA
I concur. VZW seems a lot more concerned about profitability than they are about shear size.


rudnicke
Premium
join:2004-10-23
Rantoul, IL
reply to esc0
Re: Funny Funny

Yup. All CEO's are corrupt, greedy pigs. I don't trust any of 'em.


NY Tel
Premium
join:2004-04-09
Smithtown, NY
·VOIPo

reply to pnh102
Re: Slowing down

Probably why Verizon has not yet offered me the job of Senior VP of Mergers and Acquisitions. Hey I'm a former employee - they could just re-activate me and bridge my years of service, I'll buy Sprint - shut the towers down, overload the network and collect my 6 million in executive perks.....lol
Works for me

Gilitar

join:2000-11-20
Mobile, AL
No recovering

Sprint's name is toast. There won't be a recovery for Sprint. Curtains.


en102
Canadian, eh?

join:2001-01-26
Valencia, CA
reply to lettcco
Re: Slowing down

As much as I despise Verizon (Wireless and landline from past issues), I don't think Verizon would buy Sprint. A Sprint + Alltel deal would be more likely.
--
Canada = Hollywood North

nutcr0cker

join:2003-04-02
Chandler, AZ
Americans don't need jobs

Haven't you heard the presidential front runner McCain! Americans don't need such jobs if elected he would ensure that the remaining jobs are offshored
Forums » Sprint Plans More Layoffspage: 1 · 2 · 3


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